housing news

Housing

housing

Mini budget sees mortgages shoot up by £3k a year in some parts of the country

Homeowners in some parts of the country have paid £3k a year more on their mortgage since Liz Truss's mini budget.

Image of an illustrated house sitting on top of coins

housing

House prices continue to rise despite mortgage worry

The UK Price Index reveals average house prices are still increasing but at at a far slower pace than last year. Find out what's happening in your region.

The word 'rent' spelt out in wooden blocks with each letter getting gradually higher

housing

Rents to grow four times faster than house prices over next four years

Rents are predicted to rise 25% over the next four years, more than four times the pace of house prices.

House keys on top of a mortgage arrears letter

cost of living

Mortgage arrears hit 7-year high

Bank of England figures have revealed the amount of mortgage arrears rose to the highest level since 2016 in the second quarter of 2023.

housing

Housing at risk of become unaffordable for a fifth of families

Urgent action is needed by the government to prevent another 1.7 million falling into difficulty with housing costs, the NHF has warned.

A worried-looking older woman sitting on her bed after receiving a no-fault eviction notice

housing

Older renters hit with a no-fault eviction notice every 16 minutes

Shelter calls for an end to no-fault evictions after a survey found an older renter is being asked to leave their home every 16 minutes.

A row of terraced houses with to-let and sold signs outside

housing

Rents rising fastest in poorest areas

Renters in the most deprived parts of the country have seen their rent increase by 52% over the past four years.

Daughter goes through her finances with her mum and dad

housing

Half of under-55s need family help to buy a home

As more and more people rely on family to help them buy a home, those without access to family support risk being left behind.

A worried private renter puts her head in her hands as she goes through her bills

housing

Half of private tenants ‘could only cover their rent for a month if they lost their job’

A report from Shelter has found half of all private renters in England are just one pay cheque away from falling behind with their rent.

Image of mortgage arrears paperwork with keys on top

cost of living

Mortgage arrears jump as the cost of living crisis bites

The number of people falling behind on their mortgage payments has jumped by 7% compared with this time last year but in brighter news repossession are down